Update: Two bills (SB 2047 and SB 1810) recently signed into law serve as the first installment of the recoupment of the PPRT overpayments to local taxing districts. These bills allocate nearly $100 million to local community college districts and local school districts. There are no plans for any additional recoupment of monies in FY17. A final determination of the overpayment amount will be completed in early 2017. The Department will provide updates to local taxing districts as more information becomes available.
PPRT Director's Allocation Presentation - 04/28/2016